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A Department Store Has Budgeted Cost of Sales of $36

Question 121

Multiple Choice

A department store has budgeted cost of sales of $36 000 for its men's suits in March. Management also wants to have $15 000 of men's suits in inventory at the end of March to prepare for the summer season. Beginning inventory of men's suits for March is expected to be $9 000. What dollar amount of men's suits should be purchased in March?


A) $60 000
B) $51 000
C) $45 000
D) $42 000

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